Russian foreign trade
reports and reviews

Russian trade in goods with Trinidad and Tobago in Q3 2020

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia
The Report on Russia’s foreign trade in goods with Trinidad and Tobago in the third quarter of 2020: exports, imports, products, dynamics.

Russia’s Trade with Trinidad and Tobago

In the 3rd quarter of 2020, Russia’s trade with Trinidad and Tobago was $10,414,899, down 53.95% ($12,199,405) from the 3rd quarter of 2019.

Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 were $10,252,940, down 54.32% ($12,194,627) from the 3rd quarter of 2019.

Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 were $161,959, down 2.87% ($4,778) from the 3rd quarter of 2019.

Russia’s trade surplus with Trinidad and Tobago in the 3rd quarter of 2020 was $10,090,981, a 54.71% decrease ($12,189,849) over the 3rd quarter of 2019.

Trinidad and Tobago was Russia’s 136th largest trading partner in the 3rd quarter of 2020 (down from 124th in the 3rd quarter of 2019), accounting for 0.0076% of Russia’s total trade (down from 0.0136% in the 3rd quarter of 2019).

Trinidad and Tobago was Russia’s 121st largest export market in the 3rd quarter of 2020 (down from 111th in the 3rd quarter of 2019), accounting for 0.0130% of Russia’s total exports (down from 0.0217% in the 3rd quarter of 2019).

Trinidad and Tobago was Russia’s 145th largest supplier in the 3rd quarter of 2020 (up from 150th in the 3rd quarter of 2019), accounting for 0.0003% of Russia’s total imports (just as in the 3rd quarter of 2019).

Russia’s Exports to Trinidad and Tobago

The major share of Russian exports to Trinidad and Tobago in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 92.04% of Russia’s total exports to Trinidad and Tobago (98.30% in the 3rd quarter of 2019);
  • Wood and wood products (HS codes 44-49) - 5.84% of Russia’s total exports to Trinidad and Tobago (0.83% in the 3rd quarter of 2019);
  • Food products and agricultural raw materials (HS codes 01-24) - 1.41% of Russia’s total exports to Trinidad and Tobago (0.00% in the 3rd quarter of 2019).

The largest gains in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $365,714;
  • Coffee, tea, maté and spices (HS code 09) - an increase of $119,294;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $47,903.

The largest declines in Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - a decrease of $12,644,436;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $153,310.
Russia’s exports to Trinidad and Tobago in the 3rd quarter of 2020 by product groups
HS
code
Name of product group Value of exports
in Q3 2020,
US dollars ($)
Percent share in total export Value of exports
in Q3 2019,
US dollars ($)
Percent change
in Q3 2020
over Q3 2019
07 Edible vegetables and certain roots and tubers 25,479 0.25 0
09 Coffee, tea, maté and spices 119,294 1.16 0
26 Ores, slag and ash 9,421,503 91.89 22,065,939-57.30
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 15,357 0.15 0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3,695 0.04 0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 729 0.01 0
39 Plastics and articles thereof 0 0.00 741-100.00
40 Rubber and articles thereof 0 0.00 328-100.00
44 Wood and articles of wood; wood charcoal 63,078 0.62 15,175315.67
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 535,762 5.23 170,048215.07
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0 0.00 395-100.00
69 Ceramic products 6,372 0.06 0
73 Articles of iron or steel 53,257 0.52 33,10460.88
74 Copper and articles thereof 0 0.00 2,341-100.00
75 Nickel and articles thereof 5,666 0.06 0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0 0.00 2,054-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 0 0.00 373-100.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 0 0.00 1,011-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,748 0.03 156,058-98.24

Russia’s Imports from Trinidad and Tobago

The major share of Russian imports from Trinidad and Tobago in the 3rd quarter of 2020 (and in the 3rd quarter of 2019) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 100.00% of Russia’s total imports from Trinidad and Tobago (100.00% in the 3rd quarter of 2019).

The largest gains in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 over the 3rd quarter of 2019 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $4,778.
Russia’s imports from Trinidad and Tobago in the 3rd quarter of 2020 by product groups
HS
code
Name of product group Value of imports in Q3 2020,
US dollars ($)
Percent share in total import Value of imports in Q3 2019,
US dollars ($)
Percent change
in Q3 2020
over Q3 2019
22 Beverages, spirits and vinegar 161,959 100.00 166,737-2.87
Share the publication on:
Russian foreign trade statistics
Source: Federal Customs Service of Russia